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Michelangelo Sketch Sells for $24 Million in Paris

May 19th, 2022

A recently unearthed Michelangelo sketch, considered to be the artist’s first nude, has sold  at Christie’s Paris for a record 23 million euros ($24 million). “Michelangelo has decided to make the figure into something that corresponded more to his aesthetic by making him much more robust and monumental, while at the same time keeping the fragility of the figure, who is exposed and shivering” as he awaits baptism,” says Christie’s Old Masters expert Stijn Alsteens.
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Basquiat Work Sells for $85 Million at Phillips $224.9 Million Night

May 19th, 2022

The Jean-Michel Basquiat work from the collection of Japanese billionaire Yusaku Maezawa had a strong return to auction last night at Phillips, where it achieved $85 Million, part of a total sale of  $224.9 million, the highest in the company’s history. 
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Independent Art Fair to Launch New Fair Around 20th Century Work

May 17th, 2022

The Independent Art Fair will launch a new fair in September this year that will focus on 20th Century Works. “Over the years, there has been a shift, with next-generation dealers showing a more diverse group of artists and territories, geographically, socially, politically,” says Independent director Elizabeth Dee. “They are looking forward and looking back, saying, ‘We need to have a canon that looks like our program.’”
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REFERENCE LIBRARY

Jose Berardo

Collector’s Birthdate: b. 1944

Berardo is a Portugese businessman who has amassed a fortune worth over $1 billion from, gold mining in South Africa. He is also an active stock trader. Recently, he opened up his extensive art collection to the public, displaying works by artists like Picasso, Dali and Miro at the newly opened Museu Berardo in the Centro Cultural de Belem in Lisbon.

Though auction houses like Christie’s and Sotheby’s have pursued his collection, valued at more than $400 million, he has never sold a work of art. Other artists included in his extensive collection of over 1,000 works include Pop Art by the likes of Warhol and Lichtenstein, Realist pieces by Bacon and Balthus as well as several works by Minimalist artists. In 2007, he tried to purchase the futbol club S.L. Benfica.